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pipfarm replied Jun 28, 2017ok,there is a timezone difference between our charts, anyway either way it is a break out continuation pattern that im waiting for.
FDAX Sept 2017
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pipfarm replied Jun 28, 2017FDAX, same as our host,i see it as a triangle or pennant , thats why i asked yor opinion, hmmm a flag is a also a continuation pattern The Flag The flag pattern forms what looks like a rectangle. The rectangle is formed by two parallel trendlines ...
FDAX Sept 2017
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pipfarm replied Jun 28, 2017Elliotticians !! Pipminer,,Mag00, is your software showing what kind of correction on the dax 5min ? its looking triangular to me.
FDAX Sept 2017
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pipfarm replied Jun 28, 2017Thank you, i know the tick and point values of the index , i was asking what you use to trade, ie when u say bought 1 Fdax is that 1 index point, 1 tick or less?
FDAX Sept 2017
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pipfarm replied Jun 28, 2017thx but i will be going long when the opp arises, i missed the trade this morning, my own fault ,i really do not like trading single waves , but i will have to change that mentality.
FDAX Sept 2017
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pipfarm replied Jun 28, 2017well that solved it, trade cancelled lol,my original long plan was correct, never mind ,more opps will come.
FDAX Sept 2017
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pipfarm replied Jun 28, 2017above 612.5 my trade is not valid,if the short activates @586, stop will be above 612.5 and target around 525, 2-1 risk reward
FDAX Sept 2017
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pipfarm replied Jun 28, 2017A lot of heads of central bank speeches later,will have to think carefully due to the possibility of extreme volatility, and its usually around these speeches lining up with support levels that price is flipped
FDAX Sept 2017
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pipfarm replied Jun 28, 2017maybe a buy setting up for me just waiting to see if there will be a a retest of 575 and a break of 613
FDAX Sept 2017
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pipfarm replied Jun 28, 2017possibly but as you probably know after support comes the return swing so im waiting .
FDAX Sept 2017
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pipfarm replied Jun 27, 2017i will bear that in mind, ok, good night and gd luck for tomorrow
FDAX Sept 2017